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Until mid-2024, gold held for three years or less was treated as short-term; anything longer was long-term. But since July 23, 2024, that holding period for short-term has been shortened to two years.
India has tightened import rules on gold and silver from the UAE, targeting unwrought, semi-manufactured, and powdered forms. The move, following the ...
fleeting trend with the use of non-precious stones, Swarovski crystals, rhinestones, and affordable metals and alloys. Semi-fine jewellery is gold-plated, or gold-filled like sterling silver, and ...
Separate codes for gold and silver dore help customs track semi-processed forms of these ... tackle a more complex issue involving platinum alloys. Under World Customs Organisation rules, any ...
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DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRIparticularly concerning precious metals like gold, silver, and platinum. One of the major loopholes involved platinum alloys. As per international rules under the World Customs Organization (WCO ...
The move follows a budget announcement for the fiscal year 2025/26 to introduce new Harmonised System (HS) tariff codes for key precious metals including gold dore, silver dore and high-purity ...
The commerce ministry's arm DGFT on Monday issued a notification to align India's import policy schedule with changes made in the Customs Tariff schedule through the Budget 2025, especially for ...
The DGFT has aligned India's import policy with changes made in the Customs Tariff schedule for precious metals, ensuring consistency between customs duties and regulations. The new HS codes aim to ...
The restrictions apply to unwrought, semi-manufactured, and powdered forms of gold and silver ... platinum-based alloys or compositions are no longer eligible. The Budget for FY26 proposed the ...
Precious metals experienced significant gains today, with silver and gold prices surging as investors sought safe-haven assets amid rising geopolitical and trade tensions.Reuters Silver prices ...
Silver is considered cheaper than gold. For example, if one gramme of silver Rs 61.40 today, you can buy 1 kg of the precious metal ... For silver alloys, jewellery and artefacts, the purity ...
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